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CHEMICALS AND ADVANCED MATERIALS

Anti-Seize Compounds Market Segmentation by Type (Copper and Graphite Based, Aluminum, Copper and Graphite Based, Nickel and Graphite Based, Molybdenum Based, Non-Metallic, and Others); and by End User (Food and Beverages, Automotive, Power Generation, Construction, Oil and Gas, and Others) – Global Demand Analysis & Opportunity Outlook 2030

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Extensive insights into the Growth of Anti-Seize Compounds Market amidst COVID-19

Before we witness the stabilization of economic growth in Europe and North America, Asia Pacific is estimated to bounce back progressively with countries such as China, India, South Korea and Japan witnessing more opportunities to recover from the losses sustained during COVID-19.

Being the biggest market in Eastern Europe, Russia is estimated to take the lowest hit, offering a sigh of relief to the businesses operating in the country. Whereas, GCC is estimated to observe low investments due to the sliding prices of crude oil.

We evaluate the strategies and commitment of the Giant Players in the market towards creating products and services that customers value and rely on.

In an attempt to control and eliminate the surge of coronavirus cases and meet the demand for required medical devices along with providing efficient medical services, there is a drastic shift of investments from authoritative bodies towards the healthcare sector. Where the aftermath of this pandemic may take years to be measured, Research Nester estimates notable expansion of e-health, gaming, and media and entertainment industries till the whole situation is contained and the plan of action for the recovery process is determined. There is an estimated probability of the growth in businesses going back a year if the condition is controlled in the next 2-3 months.                                                         Request Insights

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IN THE NEWS

  • August 2021- Bostik SA’s parent company, Arkema Group, announced that it has signed an agreement for the acquisition of Ashland’s Performance Adhesives business. The project aligns with Arkema Group’s ambition to become pure specialty materials player by 2024, and will emerge as a major step in Bostik’s strong long-term growth ambition.

  • July 2021- DuPont completed the acquisition of Laird Performance Materials for leveraging its extended customer base and global scale to increase speed to market and for offering high value next-generation products.

Global Anti-Seize Compounds Market Highlights 2022 – 2030

The global anti-seize compounds market is estimated to garner a sizeable revenue and grow at a CAGR of ~4% over the forecast period, i.e., 2022 – 2030. The growth of the market can be attributed largely to the growing concerns associated with the dispersal of heavy metals such as nickel, zinc and lead into the environment. Along with these, properties of anti-seize compounds include extended life, reduced downtime, ease of assembly and disassembly, and protection in extreme temperatures, providing them an edge over similar materials. This is a crucial factor projected to augment the demand for these compounds in the forthcoming years. Furthermore, increasing utilization of copper-grade and nickel-grade anti-seize compounds in a wide range of end-user industries, especially petrochemicals and oil & gas sectors, is expected to offer ample growth opportunities to the market in the near future.

Anti-Seize Compounds Market Graph

The market is segmented by type into copper and graphite based, aluminum, copper and graphite based, nickel and graphite based, molybdenum based, non-metallic, and others, out of which, the copper-and-graphite-based segment is anticipated to hold the largest share in the global anti-seize compounds market. This can be accounted to the ability of this type of anti-seize compounds to be operated at very high temperatures of up to 1,800-degree Fahrenheit, and their high usage in petroleum industry. Apart from this, the non-metallic segment is assessed to witness the highest growth over the forecast period as metallic counterparts of these compounds can result in chronic and blood-borne disorders after prolonged exposure. Additionally, on the basis of end user, the oil and gas segment is evaluated to occupy the most significant share during the forecast period ascribing to the largescale use of copper grade and nickel grade anti-seize compounds in this industry, and rising investments regarding different activities in the oil and gas sector. CLICK TO DOWNLOAD SAMPLE REPORT

Major Macro-Economic Indicators Impacting the Market Growth

chemicals Graph

The chemical industry is a major component of the economy. According to the U.S. Bureau of Economic Analysis, in 2020, for the U.S., the value added by chemical products as a percentage of GDP was around 1.9%. Additionally, according to the World Bank, Chemical industry in the U.S. accounted for 16.43% to manufacturing value-added in 2018. With the growing demand from end-users, the market for chemical products is expected to grow in future. According to UNEP (United Nations Environment Program), the sales of chemicals are projected to almost double from 2017 to 2030. In the current scenario, Asia Pacific is the largest chemical producing and consuming region. China has the world’s largest chemical industry, that accounted for annual sales of approximately more than USD 1.5 trillion, or about more than one-third of global sales, in recent years. Additionally, a vast consumer base and favorable government policies have boosted investment in China’s chemical industry. Easy availability of low-cost raw material & labor as well as government subsidies and relaxed environmental norms have served as a production base for key vendors globally. On the other hand, according to the FICCI (Federation of Indian Chambers of Commerce & Industry), the chemical industry in India was valued at 163 billion in 2019 and it contributed 3.4% to the global chemical industry. It ranks 6th in global chemical production. This statistic shows the lucrative opportunity for the investment in businesses in Asia Pacific countries in the upcoming years.

Global Anti-Seize Compounds Market Regional Synopsis

On the basis of geographical analysis, the global anti-seize compounds market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and the Middle East & Africa region. The market in the Asia Pacific is estimated to witness noteworthy growth over the forecast period on the back of the increasing demand for anti-seize compounds in end-user verticals in the region, namely transportation, automotive, mining and construction. In addition, abundance of raw materials and availability of cheap labor are also predicted to drive the region’s market growth in the upcoming years. Moreover, the market in North America is projected to acquire the largest share during the forecast period ascribing to the high production of automobiles, and growing investment of government in constructure and infrastructure projects in the region. According to the Bureau of Transportation Statistics, a total of 11,297 vehicles were produced in the United States in 2018. The production decreased in the year 2019, accounting for 10,893 vehicles.

Anti-Seize Compounds Market Share Graph

The global anti-seize compounds market is further classified on the basis of region as follows:

  • North America (U.S. & Canada) Market size, Y-O-Y growth, Market Players Analysis & Opportunity Outlook
  • Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market size, Y-O-Y growth & Market Players Analysis & Opportunity Outlook
  • Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC (Finland, Sweden, Norway, Denmark), Ireland, Switzerland, Austria, Poland, Turkey, Russia, Rest of Europe), Poland, Turkey, Russia, Rest of Europe) Market size, Y-O-Y growth Market Players Analysis & Opportunity Outlook
  • Asia-Pacific (China, India, Japan, South Korea, Singapore, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market size, Y-O-Y growth & Market Players Analysis & Opportunity Outlook
  • Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market size, Y-O-Y growth Market Players Analysis & Opportunity Outlook

Market Segmentation

Our in-depth analysis of the global anti-seize compounds market includes the following segments:

By Type

  • Copper and Graphite Based
  • Aluminum, Copper and Graphite Based
  • Nickel and Graphite Based
  • Molybdenum Based
  • Non-Metallic
  • Others

By End User

  • Food and Beverages
  • Automotive
  • Power Generation
  • Construction
  • Oil and Gas
  • Others

Growth Drivers

  • Growing Concerns Associated with the Dispersal of Heavy Metals into Environment
  • Increasing Utilization of Copper-Grade and Nickel-Grade Compounds

Challenges

  • Low Awareness About Benefits of the Compounds in Underdeveloped Nations

Top Featured Companies Dominating the Market

  • 3M Company
    • Company Overview
    • Business Strategy
    • Key Product Offerings
    • Financial Performance
    • Key Performance Indicators
    • Risk Analysis
    • Recent Development
    • Regional Presence
    • SWOT Analysis 
  • Henkel AG
  • Bel-Ray Company
  • SAF-T-LOK International Corporation
  • Molytech Lubes Private Ltd.
  • CRC NZ
  • DuPont de Nemours, Inc.
  • Bostik SA
  • Fuchs Petrolub SE
  • Calumet Specialty Products Partners, L.P.

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